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to address what needs to be done in that environment. none of that is done without our dependence and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the government does not do it alone. they do it in concert with our partners and our partners are the private sector. for those of you were talking to earlier, with the work for the government or the private sector, you can contribute no matter where you are in whatever your professional desire is. this private-sector holds a lot of data and these are pretty profound -- their protection of the priorities is he has a list of priorities. this is the top five. the cyber threat is among the most serious challenges we face as a nation, and america's prosperity will depend on cyber security. the united states does have a
the environment. secondly, you talk at one point about the european parliament being an important partner for you and all the crisis related issues. white and has the fiscal pack gotten to the point that it has? when it's already clear that has two points that are conflicting with e.u. law in material and in formal terms, and that hasn't been regulated the european level. and implementation of the pact by the commission, well, how can we go along with that if the parliament is going to be excluded from that? you will have to deal with that on the first of the first. that is to come into force, but it will be impossible to implement it so how are you going to reconcile that contradiction? thank you. [speaking in native tongue] >> translator: chancellor, let me thank you very much for coming in today. i think it's been an interesting discussion. with certain heard a lot of political rhetoric. wavered not much economic reality from some members but that we are. we're used to it in this chamber. the october revolution was something to be celebrated, but chance of, i wish you well in a meeting with my
into these environments which are very, very important places to be, and debate our core value, not just explained them, not just lecture, but actually debate our greatest strengths i think will be stronger. so that was one of the ways we really tried to do that. and also to take the benefit of the folks who were there in the field, give information as to who was the important audiences for the bbg. >> can i just clarify one thing? when i said more guidance from foreign policy leadership for the bbg, i certainly didn't mean that the bbg should forsake or distort or anyway jeopardize the journalistic values. very, very important. but for example, the bbg's, the board of governors decide where the assets are allocated. in other words, if the governors decide we're going to put all the money into india, it's their decision rather than the part of the more strategic decision-making process. congress would get involved if all the money went to one country. >> do you think? [laughter] >> there's certain country's bbg would like to get rid of that congress wouldn't allow and that sort of thing. but i'm guessi
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